MLS

Breaking News: Brazilian Businessman Makes Significant Investment in Orlando City Soccer

Flavio Augusto 1

ORLANDO, Fla. ā€” Orlando City SC announced Monday that Brazilian native FlĆ”vio Augusto da Silva has made a significant investment and future commitment to the Orlando City franchise. The investment will be used for the clubā€™s share of a private/publicly funded multi-purpose soccer stadium in downtown Orlando and future acquisition of an MLS franchise.


ā€œEvery year, hundreds of thousands of Brazilians visit Orlando,ā€ said Silva. ā€œIt's our number one destination in the US and us Brazilians, besides being famous for our friendliness and willingness to buy at the outlets and malls; we are also a nation that loves soccer. More than that, we are a country of 200 million fanatics for soccer! It is a great honor that I now become a part of this vibrant soccer club, Orlando City, which is being built with boldness to make history in this country and will give much pride to this City.ā€


Until last week, FlĆ”vio Augusto chaired the Ometz Group, with 16 holding companies, including the countryā€™s leading English language schools for adults, Wise Up (FIFA World Cup Sponsor). On February 7th, the Ometz Group was acquired by Abril EducaĆ§Ć£o, one of Brazilā€™s largest media companies. Today, Mr. da Silva still leads the Wise Up Group and is also the third largest shareholder in Abril EducaĆ§Ć£o. As part of the acquisition, Mr. da Silva will oversee the development of Abril EducaĆ§Ć£o operations around the world.


He also owns the Canal GeraĆ§Ć£o de Valor ā€œValue Generationā€, where he shares entrepreneurial experience and advice; he has more than 304K followers on twitter and 670K on Facebook.


The new owner gives Orlando a major advantage in its drive to be named the next MLS expansion franchise. To secure a move up to the major leagues, MLS requires clubs to have, among other things, a fiscally stable and established ownership group and a stadium seating between 18,000 and 25,000. The Citrus Bowl and its upcoming redevelopment does not meet these needs, therefore, the club is on record stating that a 18,500 seat downtown stadium is their goal. The Lions recently presented an independent economic impact study to local press and political leaders which demonstrated that the stadium and MLS franchise would create a $1.3 billion impact for the region over the next 30-years.


Florida Governor Rick Scott came out in favor of Orlandoā€™s MLS bid last week, stating ā€œI am very supportive and will do everything I can do at the state level.ā€


MLS Commissioner Don Garber visited Orlando in March of 2012, leaving the town after meeting with Orlando Mayor Buddy Dyer and County Mayor Teresa Jacobs. Impressed by the support from Lion fans at a town-hall style meeting, Garber said ā€œItā€™s not a matter of if, but a case of whenā€ in regards to a franchise in Central Florida. The club has been in close communication with Garber and the MLS for over two years now.


Mr. da Silvaā€™s investment gives Orlandoā€™s MLS bid a unique advantage, immediately gaining ties to one of the biggest soccer countries in the world, Brazil. More announcements will be made on specifics regarding the ties to Brazil in the upcoming weeks.



The existing ownership group, which includes President Phil Rawlins, will remain in place and continue to run day-to-day operations at Orlando City. Flavio Augusto joins Orlandoā€™s current local ownership group, which includes amongst others, entrepreneur John Bonner and Morgan & Morganā€™s Scott Bates.